Cody is reviewing movies for the “Today” show’s fourth hour — the 10 a.m. show co-hosted by his mom and Hoda Kotb.

Cody, 20 — who’s majoring in film studies at the University of Southern California — began reviewing movies on the air a few weeks ago, but it was only recently revealed that this would be his summer job.

“I love nepotism!” Kathie Lee said before introducing her son, who grew up more or less in front of TV cameras when Kathie Lee was co-host of “Live” with Regis Philbin for 15 years. Dad is former New York Giants star Frank Gifford.

Last week, he reviewed “Toy Story 3″ (“definitely a winner”) and “Jonah Hex” (“the motivation’s not really there for some of the characters”).

It’s not unusual for TV stars to get their kids summer internships, but the jobs are usually behind-the-scenes, running for coffee, filing paperwork and answering phones.

It’s unusual for an intern to land an on-air gig.

But it’s not unheard of.

Back in 2008, NBC News hired Luke Russert, son of the late “Meet the Press” host Tim Russert, to cover the 2008 presidential conventions — but he had been out of college for several years at that point.

“[Cody] is not being paid, he’s an intern . . . I think we’ll let what he does speak for itself,” says “Today” show executive producer Jim Bell.

“Is he getting an opportunity here? Yeah, but so be it. We like him and he’s a smart kid and a good kid.”

That some people may consider Cody a case of high-profile nepotism has not escaped Bell.

“Let’s be fair, I completely understand that sentiment,” he says. “It’s not like we’re in dire need of a movie reviewer.”

Cody’s reviews will be shown only in the show’s final hour, he says.

“It’s got an entirely different feel with an entirely different pace and tone,” Bell says.

So what’s Cody’s take on his new gig?

“It’s a great summer internship and I don’t think, given my desires and what I like, I could have asked for a better one,” he says in an interview posted on nbc.com.

Cody, who says he ultimately wants to direct movies, says he thinks he brings “a little more awareness” to his summer gig because of his age.

“As you get older you get a little out of touch with contemporary films — maybe not out of touch, you can be knowledgeable, but it’s not your generation anymore,” he says.